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BIDU

Baidu Inc - ADR

$128.91

Earnings Summary

Revenue
$28411Mn
Net Profits
$-885Mn
Net Profit Margins
-3.11%

Highlights

Revenue:

Baidu Inc - ADR’s revenue fell -9.37% since last year same period to $28411Mn in the Q1 2022. On a quarterly growth basis, Baidu Inc - ADR has generated -14.14% fall in its revenue since last 3-months.

Net Profits:

Baidu Inc - ADR’s net profit fell -51.8% since last year same period to $-885Mn in the Q1 2022. On a quarterly growth basis, Baidu Inc - ADR has generated -151.6% fall in its net profits since last 3-months.

Net Profit Margins:

Baidu Inc - ADR’s net profit margin fell -67.5% since last year same period to -3.11% in the Q1 2022. On a quarterly growth basis, Baidu Inc - ADR has generated -160.1% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Baidu Inc - ADR post its latest quarter earnings

EPS Estimate Current Quarter
1.63
EPS Estimate Current Year
1.63

Highlights

EPS Estimate Current Quarter:

Baidu Inc - ADR’s earning per share (EPS) estimates for the current quarter stand at 1.63 - a -69.81% fall from last quarter’s estimates.

EPS Estimate Current Year:

Baidu Inc - ADR’s earning per share (EPS) estimates for the current year stand at 1.63.

Key Ratios

Key ratios of the Baidu Inc - ADR post its Q1 2022 earnings

Earning Per Share (EPS)
11.22
Return on Assets (ROA)
0.02
Return on Equity (ROE)
-0.08
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Baidu Inc - ADR’s earning per share (EPS) fell -9.37% since last year same period to 11.22 in the Q1 2022. This indicates that the Baidu Inc - ADR has generated -9.37% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Baidu Inc - ADR’s return on assets (ROA) stands at 0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Baidu Inc - ADR’s return on equity (ROE) stands at -0.08.

Dividend Per Share (DPS):

Baidu Inc - ADR declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-03-31
5.4
11.22
107.78%

Company Information

Baidu Inc. is a Chinese multinational technology company to make the complicated world simpler through technology with headquarters in Beijing’s Haidian District. It was founded in the year 2000 by Robin Li and Eric Xu. Baidu started as a search engine platform, and they were amongst the early adopters of AI in 2010. It is one of the very few companies in the world to offer a full AI stack. They have developed a diversified portfolio of products and services in the last two decades with significant market opportunities. Some Baidu services include Baidu Maps, Baidu Wangpan, Baidu Tieba, Baidu News, Baidu Knows, Baidu Image Search, Baidu Translate, etc. Baidu consists of two segments: Baidu Core, which contributes to about 70% of the turnover, and iQIYI, which contributes the remaining. Baidu Core mainly provides online value-added marketing and non-marketing services. They also provide products and services from new AI initiatives, which powers them with three growth engines: Mobile Ecosystem, AI Cloud and Intelligent Driving, and other growth initiatives. In 2001, Baidu started allowing advertisers to bid for the ad space on its search engine. It became the first Chinese company to be included in the NASDAQ-100 index in 2007. Baidu announced the launch of its Apollo project in April 2017, which helped drive the development of autonomous cars, which included vehicles, hardware, open-source software platform, and cloud data services. In August 2021, it revealed a new Robocar concept, that is, capable of Level 5 autonomous driving. Currently Baidu Inc - ADR has a market cap of $47.42 Billion. It has a P.E ratio of -18.39. The shares of Baidu Inc - ADR are trading at $128.33. .

Organisation
Baidu Inc - ADR
Headquarters
Baidu Campus, Beijing, China, 100085
Employees
2020
Industry
Technology Services
CEO
Yanhong Li